Supplemental Cash Flow Information

12 Months Ended

Jun. 30, 2020

Supplemental Cash Flow Information [Abstract]

21. Supplemental cash flow information

The following table presents supplemental cash flow disclosures for the years ended June 30, 2020, 2019 and 2018:

21. Supplemental cash flow information

The following table presents supplemental cash flow disclosures for the years ended June 30, 2020, 2019 and 2018:

	2020		2019		2018
Cash received from interest	$	3 057	$	5 596	$	16 835
Cash paid for interest	$	6 050	$	10 636	$	8 645
Cash paid for income taxes	$	5 001	$	13 110	$	41 065

	2020		2019		2018
Cash received from interest	$	3 057	$	5 596	$	16 835
Cash paid for interest	$	6 050	$	10 636	$	8 645
Cash paid for income taxes	$	5 001	$	13 110	$	41 065

Investing activities

The transaction referred to in Note 3 under which the Company reduced its shareholding in DNI from 55% to 38% and used the proceeds, of $27.6 million, from the sale to settle its obligation, of $27.6 million, to subscribe for additional shares in DNI was closed using a cashless settlement process. Therefore, the proceeds from sale and the settlement of the obligation to subscribe for additional shares in DNI were not included in net cash provided by investing activities in the Company’s consolidated statement of cash flows for the year ended June 30, 2019.

The transaction referred to in Note 3 and Note 13 under which the Company reduced its shareholding in DNI from 38% to 30% and used the proceeds from the sale to settle a portion of its long-term borrowings, of $15.0 million, was closed using a cashless settlement process. Therefore, the proceeds from sale was not included in net cash provided by (used in) investing activities in the Company’s consolidated statement of cash flows for the year ended June 30, 2019.

As disclosed in Note 10, during the year ended June 30, 2018, the Company agreed to underwrite the Finbond rights offer up to an amount of 55,585,514 shares and utilized a $10.0 million loan due by Finbond to the Company to acquire the 55,585,514 Finbond shares. Therefore, as this transaction was net settled in 2018 and there was no transfer of cash between the parties, the repayment of the loan by Finbond and the acquisition of 55,585,514 Finbond shares are not included within net cash provided by (utilized) in investing activities in the Company’s consolidated statement of cash flows for the year ended June 30, 2018.

Financing activities

The transaction referred to in Note 3 and Note 10 under which the Company reduced its shareholding in DNI from 38% to 30% and used the proceeds from the sale to settle a portion of its long-term borrowings, of $15.0 million was closed using a cashless settlement process. Therefore, the part settlement of the long-term borrowings was not included in net cash (used in) provided by financing activities in the Company’s consolidated statement of cash flows for the year ended June 30, 2019.

Disaggregation of cash, cash equivalents and restricted cash

Cash, cash equivalents and restricted cash included on the Company’s consolidated statement of cash flows includes restricted cash related to cash withdrawn from the Company’s various debt facilities to fund ATMs. This cash may only be used to fund ATMs and is considered restricted as to use and therefore is classified as restricted cash. Refer to Note 13 for additional information regarding the Company’s facilities. The following table presents the disaggregation of cash, cash equivalents and restricted cash as of June 30, 2020, 2019 and 2018:

				2020		2019		2018
Continuing			$	217 671	$	20 014	$	57 607
Discontinued				-		26 051		32 447
	Cash and cash equivalents			217 671		46 065		90 054
	Restricted cash			14 814		75 446		-
		Cash, cash equivalents and restricted cash	$	232 485	$	121 511	$	90 054

Leases

The following table presents supplemental cash flow disclosure related to leases for the year ended June 30, 2020:

		2020
Cash paid related to short-term leases	$	4 244

Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases		3 603

Right-of-use assets obtained in exchange for lease obligations
Operating leases	$	2 974